Increasing exploration activities in 2022 and onwards is a top priority for African hydrocarbon producers as they seek to expand production and establish the continent as an energy hub, the African Energy Chamber said. According […]
The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1,200 gigawatts (GW) for the first time and investments climb to $36.3 billion, Rystad Energy research shows. As the energy transition […]
The final frontier for oil and gas exploration, a range of untapped resources awaiting exploitation, and opportunities across the entire energy value chain all represent key components of Africa’s hydrocarbon market. For years, resource-rich nations […]
As I have talked about for several months, OPEC and OPEC + have again reached the global power that they originally desired. The United States shale revolution held that in check and reduced their influence […]
Oil forecasters have parted company on their views about demand in the coming months, as the omicron variant of the Covid-19 virus spreads rapidly around the world. And producers have emerged as the surprising bulls […]
Energy News Beat Publishers Note: There may be a dip in demand on the fear of the new variant B.1.1.529. That being said, the Texas Department of Health posted the following on their website. I […]
Imports of the fuel declined due to lack of foreign exchange Africa’s largest crude producer yet to tap huge gas reserves Nigerians are turning to the use of firewood and charcoal for cooking due to […]
Zimbabwe’s state-owned power utility expects to complete the addition of coal-fired units next year, bucking a global trend to reduce reliance on fossil fuel. The $1.5 billion expansion by Zimbabwe Power Company and China’s Sinohydro will finish […]
The history of Africa’s energy sector appears to be characterised by success followed by failure, forward movement and then stagnation. But is this a realistic assessment of the continent’s power sector, and more importantly, how […]
Taipei, 12 May (Argus) — South African bank Nedbank has halted all direct funding of new oil and gas exploration projects as part of its commitment to align its business with the Paris climate agreement’s […]
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